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主题: timeshare scam(2)
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jeramah
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文章标题: timeshare scam(2) (218 reads)      时间: 2010-2-11 周四, 上午11:33

作者:jeramah驴鸣镇 发贴, 来自 http://www.hjclub.org

It won't take long:

Claim: "The sales presentation will only last about 90 minutes." Reality: Possibly true, as long as you sit like a deaf mute and don't say a word. Plan on being there for at least two hours, three if you make the mistake of asking many questions. They know that the longer the pitch lasts, the more likely you are to break down and open up your checkbook.

Time shares are a good investment:

Claim: "I know this stuff has doubled in the last five years — oceanfront — cause there's none left … You know a time share is not sold as an investment opportunity … but think about it … we've gone up $2,100 in seven months, where do you think we're gonna be in 10 years?" Reality: As a financial investment, many time shares are just about as bad as it gets. In fact it's like buying a new car — the moment you drive it off the lot, it's worth much less. Industry sources say that the majority of time shares immediately drop in value by at least 20 percent to 30 percent One big reason for that is that the marketing costs to sell the unit to you run as high as 50 percent of the sales price.

Time shares are easy to re-sell:

Claim: "Why don't you try it at least one time? If it doesn't work, sell the darn thing. What do you have to lose?" Reality: You could have a lot to lose if you don't like it. Time shares are notoriously difficult to resell. If you slash your price to far less than what you paid, you might eventually find a buyer, but chances are you'll lose money. And in the meantime, you still have to pay off your loan plus the annual maintenance fees (which run into the hundreds of dollars) no matter what.

It's easy to rent out:

Claim: "If you can't use it one year, you could rent it out." Reality: Renting is also notoriously tough to pull off. Many who try end up losing even more money, since they pay advance fees to rental agencies who often don't find any interested parties.

Time shares are a tremendous value:

作者:jeramah驴鸣镇 发贴, 来自 http://www.hjclub.org
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